Owning a classic car is more than just a hobby—it’s a passion, an investment, and a piece of automotive history. Whether restoring a vintage beauty or showcasing it at car shows, your classic car deserves the best protection. At LG Insurance Group, we understand the unique needs of classic car owners, so we offer specialized Classic Car Insurance designed to keep your prized possession safe on and off the road.
What is Classic Car Insurance?
Classic Car Insurance is a type of coverage tailored specifically for vehicles no longer in regular production and holding value beyond their age. Unlike regular car insurance, it accounts for the vehicle’s market value, restoration costs, and usage limitations, ensuring you receive coverage that reflects the true worth of your car.
Key Features of Classic Car Insurance
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Agreed Value Coverage
One of the most important aspects of Classic Car Insurance is agreed value coverage. This means that you and the insurer agree on the car’s value at the time of the policy, ensuring that if your vehicle is totaled or stolen, you’ll receive the full agreed-upon amount, without depreciation. -
Flexible Usage Terms
Unlike daily drivers, classic cars are usually driven less frequently. Our policies take this into account, offering flexible usage terms that allow for weekend drives, car shows, and maybe even occasional trips while keeping premiums affordable. -
Restoration and Spare Parts Coverage
Restoring a classic car can be a labor of love—and a significant investment. Classic Car Insurance includes coverage for restoration projects, helping you protect your car even while it’s a work in progress. Coverage is also available for rare and hard-to-find spare parts, so you can rest easy knowing your investment is fully protected. -
Specialized Repair Shop Access
Not all repair shops are equipped to handle the delicate needs of vintage vehicles. With Classic Car Insurance, you’ll have access to specialized repair facilities that are experienced in working on classic cars, ensuring that your vehicle gets the expert care it deserves. -
Low Mileage Discounts
Since most classic cars are driven less frequently, low mileage discounts are available, allowing you to save on premiums while ensuring your car is fully covered.
What Qualifies as a Classic Car?
While definitions may vary slightly between insurers, most vehicles qualify as “classic” if they are at least 20-30 years old, kept in good condition, safely garaged, and are not used as primary vehicles. Some common types of vehicles that often qualify for Classic Car Insurance include:
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Vintage cars
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Antique cars
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Muscle cars
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Hot rods
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Collector cars
It’s important to note that there’s a difference between classic cars and antique cars, with the latter often defined as vehicles over 45 years old. Regardless of the classification, both can benefit from specialized coverage.
Why Choose LG Insurance Group for Classic Car Insurance?
We are passionate about helping car enthusiasts in Georgia and Tennessee protect their investments. We provide customized coverage that ensures your vehicle is protected from damage, theft, or unforeseen accidents.
We will work with you to assess your vehicle’s value, understand your driving habits, and create a policy that fits your needs. Whether you own a fully restored muscle car or are in the process of restoring a vintage beauty, we’ve got you covered.
Contact Us Today for a Free Quote!
If you’re ready to protect your classic car with the right insurance, contact LG Insurance Group today. We will be happy to provide you with a free, no-obligation quote and answer any questions you may have about classic car insurance.
Final Thoughts
Owning a classic car is a rewarding experience, but it’s important to have the right coverage in place to safeguard your investment. By choosing a specialized Classic Car Insurance policy from LG Insurance Group you’ll gain peace of mind knowing that your timeless ride is fully protected.
